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How does UAE make money despite having zero income tax?
short by Medhaa Gupta / on Tuesday, 21 April, 2026
UAE doesn't impose any income tax on individuals, however, it does levy a 5% tax on the purchase of goods and services. UAE's Ambassador to India Abdulnasser Alshaali explained that "some" of the revenue also comes from oil and gas. "Federal entities...generate their own revenues," he added, while noting how Foreign Affairs Ministry gets "so much revenue" by attesting documents.
read more at Financial Express